Is Sbfgo Bank a Scam or Legit?

In today’s review,Forex Market Trading Times we will analyze Sbfgo Bank and give you all the information you need to make an informed decision before dealing with them. 

With a lot of people using FTI to check the legitimacy of banks, we felt we needed to do an in-depth analysis of sbfgo.com. Sbfgo Bank claims that they “are on a mission to make financial services cheaper, easily accessible and more rewarding for every person and business” but are they legit or a scam? Let's find out, shall we?

Copied Content

One of the things that quickly caught my eye was the phrase “clearly distinguished itself in the banking industry through superior service quality, unique customer experience, and sound financial indices”which I found on the “About Us” page.

The same phrase is found on many other websites which suggests that the content has been copied. The text is copied word-for-word and has a similar setup as seen below.

This begs the question of why a financial institution would use plagiarized content on its website. However, scammers often re-use the same content on different sites as they don’t want to invest in good quality content. What if the other sites copied content from Sbfgo Bank? Well, it seems unlikely as the domain Sbfgobank.com was registered in late 2022, making it a new website.

Where is Sbfgo Bank Located?

According to information in their “Help Center”, the Corporate Head Office is in North Carolina.

However, when I checked the listed address 8306 Ray Rd Raleigh, North Carolina(NC), 27613, USA,I was surprised to see what looks like a residential area.

Scammers often randomly list addresses in the US to appear credible as they know customers do not bother to verify the information

Is Sbfgo Bank’s phone number correct?

On the Help Center page, we noticed that they have listed +1(414)666-5428 as their official number.

However, when I checked the number on Truecaller, it was indicated to be registered in Milwaukee, WI. Again, this is common with scammers who give dubious contact details to deliberately make it hard to get in touch with them. 

Sbgfo Bank Customer Reviews

Reviews are important as they shed light on a company and what you can expect. However, I could not find any reviews about Sbfgo Bank.

This could be due to the fact that the domain was registered in November 2022, according to FTI and Whois.com. New websites hardly have any reviews and this does little to boost the confidence of new customers.

Bottom line

Overall, there is a high likelihood that Sbfgo.com is a scam. A lot of the characteristics overlap with banking scams. There is copied content on their website, the address listed is bogus and the phone number is registered in a different state. There are no customer reviews to shed more light on the bank's operations.

Caution should be exercised when dealing with sbfgo.com. There are a lot more reputable banking institutions out here. You can also read more on how to recognize a scam and avoid losing your hard-earned money. 

This article has been written by a scam fighter volunteer. If you believe the article above contains inaccuracies or is missing relevant information, please contact FTI.com using this form.